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is former 2012 obama travel secretary is st. i got to get your reaction to the president's re-election team. and the fact that out on the campaign trail, no one heard about this petraeus stuff? none of you guys were talking about this in social circles to think that something big was coming like that. >> no one knew. no one still knows. there's an ongoing investigation. obviously, the department of defense has an ongoing investigation looking into general allen's case. general petraeus stepped down on his own accord. >> jen, as we talk about what is now part of the public discussion, the petraeus situation now looking at this investigation into general allen, and big shakeups that were expected to come anyway within the president's cabinet when we talk about at state, at defense and things like that, do you have a feeling which way the president is going to go first in terms of these cabinet slots to fill? >> i don't think anyone knows that except for the president. i world for him for six years. i know that he'll take advice fr
is former 2012 obama travel secretary is st. i got to get your reaction to the president's re-election team. and the fact that out on the campaign trail, no one heard about this petraeus stuff? none of you guys were talking about this in social circles to think that something big was coming like that. >> no one knew. no one still knows. there's an ongoing investigation. obviously, the department of defense has an ongoing investigation looking into general allen's case. general petraeus...
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we cut president obama's lead in half, but nevertheless, it wasn't enough. what it became clear to us as things went on, when virginia and ohio weren't coming together, it looked to me some time early in the evening that it just wasn't going to happen. >> that's his reflection. but moving ahead, speaker boehner was asked whether paul ryan would be the leader of the party. he referred to him as the wonky guy. what are we to make of paul ryan? >> he is the wonky guy. that was a dismissive comment that the speaker made. what he was trying to say is that he's coming back here, the same guy, as when he left. he's going to be a voice on certain issues, but he's not going to be a leader in the party. >> thank you very much. a pleasure having both of you on today. thank you. >>> coming up, john maca fee, he's wanted for questioning in the murder of his neighbor. details ahead. >>> and just moments ago, president obama finished meeting with labor leaders at the white house. how much leeway will the left give the president when it comes to medicare and social security
we cut president obama's lead in half, but nevertheless, it wasn't enough. what it became clear to us as things went on, when virginia and ohio weren't coming together, it looked to me some time early in the evening that it just wasn't going to happen. >> that's his reflection. but moving ahead, speaker boehner was asked whether paul ryan would be the leader of the party. he referred to him as the wonky guy. what are we to make of paul ryan? >> he is the wonky guy. that was a...
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instead, it was the democrats, the party of obama, that gained seats. so, why do republicans think they lost? here's what paul ryan's attempt at answering that was. >> i think the surprise was some of the turnout. some of the turnout especially in urban areas, which definitely gave president obama the big margin to win this race. >> urban areas? the president won because of urban areas. sure, turnout was a factor. but sadly paul ryan can't see was so much more to why the republican party failed. one week ago tonight. joining me is congressman barney frank, democrat from massachusetts, ranking and former chairman of the financial services committee. mr. chairman, thank you for joining me. >> thank you, al. >> given the election loss, do you think the republicans will be more open to compromising with the president and the democrats on taxes? let's start there. >> some will. this is going to be a struggle. there are clearly republicans who understand that it was their original right wing policies, the tea party domination, that turned off an awful lot of
instead, it was the democrats, the party of obama, that gained seats. so, why do republicans think they lost? here's what paul ryan's attempt at answering that was. >> i think the surprise was some of the turnout. some of the turnout especially in urban areas, which definitely gave president obama the big margin to win this race. >> urban areas? the president won because of urban areas. sure, turnout was a factor. but sadly paul ryan can't see was so much more to why the republican...
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. >> it's president obama's proposal. he ran on it. let him implement it. it things slow down, it's his fault and that's fine with me. and i hope things don't slow down. i hope we get real tax reform in 2013. i think picking the fight right now on the expiring bush tax cuts is a mistake. >> can the president allow all of the tax cuts to expire given the impact that's predicted on the economy? >> look, one hopes that these warrings factions that we have in washington will reach a compromise before january 1st. >> but david corn says that's virtually impossible. >> i don't understand what's so hard about this because the other thing that bill kristol said is that back when the economy was strong, he referenced 82 to 85 in the reagan administration when marginal tax rates were 50%, the other time the economy was really strong was during the second clinton administration when marginal tax rates were 39.6%. that's what president obama is talking about doing. going back to 39.6%. the economy took off. this should be a no-brainer. you're asking people to pay a lit
. >> it's president obama's proposal. he ran on it. let him implement it. it things slow down, it's his fault and that's fine with me. and i hope things don't slow down. i hope we get real tax reform in 2013. i think picking the fight right now on the expiring bush tax cuts is a mistake. >> can the president allow all of the tax cuts to expire given the impact that's predicted on the economy? >> look, one hopes that these warrings factions that we have in washington will reach...
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if steve is right and if, you know, obama care, the kind of seat of obama care is his legacy, what's doubly interesting there is how accidental the birth of the kind of proto obama care, romney care in massachusetts was. what happened there was a buddy of his tom, the founder of staples, you know, kind of casually mentioned to mitt when he was coming in as governor that, you know, some doctors over at mass general were having trouble dealing with their uninsured and there wasn't any kind of internal, you know, deep ideological commitment to making this happen. >> very much sort of the accidental tourist. >> totally. >> in terms of politics. we have to go. the other thing we didn't talk about, jonathan, mitt romney sort of an ac crow nistic 1950s character in an america proven to be a very very different place than the 1950sing and '60s, a browner, more female, younger and more fired up. >> and a little more progressive. the problem mitt romney had, he brought confidence or he thought he did, but he was rutterless. the competence doesn't mean anything if people look at you and think y
if steve is right and if, you know, obama care, the kind of seat of obama care is his legacy, what's doubly interesting there is how accidental the birth of the kind of proto obama care, romney care in massachusetts was. what happened there was a buddy of his tom, the founder of staples, you know, kind of casually mentioned to mitt when he was coming in as governor that, you know, some doctors over at mass general were having trouble dealing with their uninsured and there wasn't any kind of...
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. >> getting back to the standoff between republicans in congress and president obama, i wanted to ask about the meeting that took place today. you had labor leaders there. they have said in an interview if medicare and social security are part of any deal that president obama strikes with republicans, labor will be against it. and i look at that and i say, how can that not be part of any deal that obama strikes with republicans? how much trouble will he have on the left selling any deal he reaches? >> it's going to be hard to sell. any deal that deals with those entitlement issues. harry reid said clearly here, social security, we will not touch social security as part of this package. so it's probably going to end upcoming down to e medicare and medicaid. if the president starts to negotiate on those issues because he'll have to do some of that in order to get republicans support on taxes. even mitch mcconnell went to the floor and said, i will consider higher revenues, but the president has to agree to something on entitlements. so the question is, if he does do something, how many
. >> getting back to the standoff between republicans in congress and president obama, i wanted to ask about the meeting that took place today. you had labor leaders there. they have said in an interview if medicare and social security are part of any deal that president obama strikes with republicans, labor will be against it. and i look at that and i say, how can that not be part of any deal that obama strikes with republicans? how much trouble will he have on the left selling any deal...
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. >>> president obama is going to be busy the next couple of days. remember this story, the fiscal cliff, he's meeting today with labor leaders to put heat on congress to come up with a deal. tomorrow the president will meet with chief executives of big business businesses. the president will also hold a news conference. on friday, he meets with democratic and gop leaders of both houses to start negotiations. i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas! no hoops to jump through. i earn more cash back on the things i buy most. [ woman in pet store ] it's as easy as... [ all ] one! -two. -[ all ] three! [ male announcer ] the bankamericard cash rewards credit card. apply online or at a bank of america near you. >>> congress returns to work today for its lame-duck is session. on top of to-do list, work to avert a fiscal crisis. the president is set to sit down with congressional leaders on friday to work on a compromise. the automatic tax increases and budget cuts are set to kick in at the end of the year
. >>> president obama is going to be busy the next couple of days. remember this story, the fiscal cliff, he's meeting today with labor leaders to put heat on congress to come up with a deal. tomorrow the president will meet with chief executives of big business businesses. the president will also hold a news conference. on friday, he meets with democratic and gop leaders of both houses to start negotiations. i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [...
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and even though president obama's reelection was settled at about 11:15 p.m. eastern last tuesday, the election overall is still underway in some parts of the country, including one place where it appears to have mostly just broken down with a bunch of federal level races still undecided. and the state in question is not florida for once. important updates coming up there including what may be a deconcession by a democrat who previously thought he had lost in a big important u.s. senate race. that's all ahead. >>> but we have to begin with breaking news out of washington. "the washington post" is reporting tonight that president obama is considering massachusetts senator john kerry as his new secretary of defense. that's right, defense. putting the decorated veteran and former presidential candidate in charge at the pentagon and not at the state department, as had been widely speculated. "the washington post" is sourcing its reporting to unnamed senior administration officials. senator kerry is also not commenting tonight. if senator kerry does move to the cab
and even though president obama's reelection was settled at about 11:15 p.m. eastern last tuesday, the election overall is still underway in some parts of the country, including one place where it appears to have mostly just broken down with a bunch of federal level races still undecided. and the state in question is not florida for once. important updates coming up there including what may be a deconcession by a democrat who previously thought he had lost in a big important u.s. senate race....
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. >> president obama, quit lying. you know darn well if august 2nd comes and goes there's plenty of money to pay off our debt. you're either in over your head, you don't understand what makes this country great, or you're hell bent in turning us into some european big government wasteland. >> um, i do not agree with the way he handled it for the following reason. no, that's a different one. >> if it's a legitimate rape, the female body has ways to try to shut that whole thing down. >> even when life begins in that horrible situation of rape, that it is something that god intended to happen. >> there's so much at stake, i hope you will join me in supporting richard mourdock for u.s. senate. >> it would have been awfully hard to fraudulently file the birth notice of barack obama being born in hawaii and get that into our public libraries. that doesn't mean there aren't some other explanations on how they might have announced that by telegram from kenya. >> i'm looking at steve king. this man needs to be your congressman
. >> president obama, quit lying. you know darn well if august 2nd comes and goes there's plenty of money to pay off our debt. you're either in over your head, you don't understand what makes this country great, or you're hell bent in turning us into some european big government wasteland. >> um, i do not agree with the way he handled it for the following reason. no, that's a different one. >> if it's a legitimate rape, the female body has ways to try to shut that whole thing...
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fill us in. >> yeah, team obama looks to be breaking up. a lot of president obama's senior advisers are expected to depart, david plouffe, jim messina, as well as david axelrod going back to chicago to work on politics institute. so the president's going to have a new team. and a lot of people say that's healthy just because, you know, second terms, especially recently have had basically some jinxes. so you want to bring people some fresh people on. also jack lui could be moving over to the treasury department to replace tim geithner. so the president's going to have a new team and a lot of people will say that is a good thing because you need some fresh. these guys are so tired. >> all right. the other hill headline, norquist pledge takes election hit. i consider that good news. is it good news for republicans, actually? >> well, that's part of what the gop is going through. the soul searching of thinking about the glove pledge hasn't helped them. and obviously now, it's such a different position for republicans after president obama's vic
fill us in. >> yeah, team obama looks to be breaking up. a lot of president obama's senior advisers are expected to depart, david plouffe, jim messina, as well as david axelrod going back to chicago to work on politics institute. so the president's going to have a new team. and a lot of people say that's healthy just because, you know, second terms, especially recently have had basically some jinxes. so you want to bring people some fresh people on. also jack lui could be moving over to...